Administration proposes a 63% cut to the CDFI Fund for FY27, reducing funding from $324M to $119.5M and limiting capacity.
Bessent Orders CDFI Probe, Defends Cuts ...
President Trump’s fiscal 2027 federal budget outline, released on April 3, 2026, proposes to fund most of the U.S. Department ...
The proposed FY 2027 budget shows improvements from last year, but still fails to provide the support needed for rural areas ...
Treasury Secretary Scott Bessent in the Senate Appropriations Committee on April 22. WASHINGTON — The Treasury Department said that it has "initiated a review" of community development finance ...
Area credit unions are joining others across the state to defend the Community Development Financial Institutions (CDFI) Fund that provides financial resources to disadvantaged communities. The White ...
LAKE FOREST, Calif., March 23, 2026 /PRNewswire/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced the full repayment of its first $100 million bond issued ...